Patti Wong, Founder of Patti Wong & Associates, and her successful acquisition of Gustav Klimt’s Dame mit Fächer (Lady With a Fan) on behalf of an anonymous Hong Kong client for a record-breaking $108.4 million was the main topic of Artnet News’ article, “Who Bought the Mysterious Klimt at Sotheby’s? An Equally Enigmatic Hong Kong Power Broker, Some Believe.”

Philip Hoffman, Founder and CEO of The Fine Art Group, spoke with Katya Kazakina of The Art Detective about clients’ interests in the most recent May auctions for the article.

Click here to read the full article on Artnet News.

Full article

Newsfeed image credit: Gustav Klimt, Dame mit Fächer (Lady with a Fan) (1917-18). Courtesy of Sotheby’s London

Anita Heriot, The Fine Art Group’s President of the Americas, speaks with Bowdoin Magazine, a publication for Bowdoin alumni, about her experience in the ever-changing art world and her role at The Fine Art Group.

Click here to read the full article in Bowdoin Magazine.

Newsfeed image credit: Cover of Bowdoin Magazine’s Spring/Summer 2023 issue.

Patti Wong, founder of Patti Wong & Associates, is profiled by Penta Magazine, an imprint of Barron’s. She discusses her incredible over 30-year-long career, her impact on Asia’s rising art market, and the opening of her new Hong Kong-based advisory business Patti Wong & Associates.

Click here to read the full article on PENTA on Barron’s.
Full article

Philip Hoffman and Freya Stewart recognized by Spear’s Magazine

The Fine Art Group is honored to have Philip Hoffman and Freya Stewart recognized by Spear’s Magazine as top recommended professionals in their fields, Art Advisory and Art Finance. They have been ranked as experts in the art market and art finance industry for high-net-worth individuals in the UK.

A square social media graphic in white, grey and coral red announcing Philip Hoffman and Freya Stewart of The Fine Art Group as Spear's 500 top picks for Art Advisory and Art Finance. The image also features greyscaled photo portraits of both, a man and woman.

VIEW EACH LIST AT SPEAR’S MAGAZINE

Spear’s 500 Best Art Advisors List

Spear’s 500 Best Art Finance Advisor List

THE FINE ART GROUP EXPANDS REACH TO AUSTRALIA AND NEW ZEALAND

The Fine Art Group is the largest art advisory company in the world. Its new alliance with Australian-based Roger McIlroy takes its reach into the Pacific region as McIlroy accepts position as Chairman, TFG, Australia and New Zealand.

TFG Founder and CEO, Philip Hoffman says, ‘Roger has achieved an international reputation for excellence in the art world and is one of the most trusted individuals in the field. His experience, knowledge and extensive global networks make him the ideal new TFG senior resource in the region and we are delighted to have him join the team’.

Roger’s successful 30-year association with Christie’s led to the establishment in Australia of his leading independent art advisory business. Equally recognized for his expertise in the fine art auction room, Roger will continue his prominent role as head auctioneer of Deutscher+Hackett, Australia’s top auction house.

ART CONTINUES GLOBAL GROWTH AS ALTERNATIVE ASSET

This exciting new collaboration between TFG and Roger McIlroy reflects the global growth of art as a recognized alternative asset. TFG is the first international art group to respond to this shift and to move into Australia and New Zealand, providing unrivalled service and access to all aspects of the international art market. This development follows TFG’s expansion into Asia through a joint venture with former Sotheby’s executives Patti Wong and Daryl Wickstrom, and their collaboration with preeminent New York art advisor Allan Schwartzman and his team at Schwartzman&.

In Australia and New Zealand, Roger McIlroy will work in association with TFG Vice President, Leticia Hoffman, a member of TFG since 2014. With over a decade of experience in the art world, Leticia has handled some of the world’s finest artworks, gemstones, and jewels. Notably, Leticia aided with the sale of the Cartier ‘Sky Blue Diamond’ for $18 million.

With their combined skills and expertise, Roger and Leticia will continue to deliver private and corporate clients informed advice for the management, building, care and development of their art and tangible asset collections. Roger’s and TFG’s international alliances provide unrivalled leverage, offering Australian clients premium opportunities to sell, buy and secure finance across diverse categories within the art market.

Roger and Leticia will be supported by a team of 80 specialists and advisors from around the world, covering virtually every type of collecting category and available to provide ready assistance.

GLOBAL ART SERVICES POWERHOUSE

For over two decades, TFG has maintained an unrivalled track record across the art world. TFG helps clients navigate all aspects of the art market, from providing assistance with collection strategies, acquisitions, appraisals and the selling of works of art, through to art financing. This new collaboration with Roger McIlroy adds to the definition of TFG as an art industry innovator now available to meet new market demands in the Pacific region.

Download the full press release here.

Philip Hoffman, Founder and CEO of The Fine Art Group, speaks with Artnet News about the Sotheby’s Modern Evening Auction results and discusses what this could mean for the future of the art market.

Click here to read the full article on Artnet News.
Full article

Newsfeed image credit: Auctioneer Oliver Barker coaxing bids from the rostrum at Sotheby’s on May 16. Courtesy of Sotheby’s.

Morgan Long, Managing Director of The Fine Art Group, spoke with Barron’s about what the low number of guaranteed works at significant spring sales may suggest about current collectors, dealers, and auction houses.

Click here to read the full article on Barron’s
Full Article PDF

Newsfeed image credit: Gerhard Richter’s 4096 Farben, part of the artist’s Color Chart series. Tristan Fewings/Getty Images for Sotheby’s.

Salma Shaheem, Director of The Fine Art Group’s Middle East Office, speaks with Spear’s Magazine about the growing interest in fractional art investment.

Click here to read the full article and more about fractional art investment.
Full Article

Newsfeed image credit: Pablo Picasso’s Les Demoiselles D’Avignon in the Museum of Modern Art in New York City. Image: Shutterstock. Courtesy of Spear’s.

Guy Jennings, Senior Director of The Fine Art Group, spoke with journalist Scott Reyburn of The Art Newspaper about a trend in the art market seen to be growing of art collectors being more interested in spending less on emerging artists than on paying premium prices for blue-chip artwork.

Read the full article at The Art Newspaper by following this link.
Full article here.

Freya Stewart speaks to Artnet News about the history of art-backed loans and their growing popularity since the 2008 financial crisis.

Read the rest of the article on Artnet News.
Full article